PSF is the eldest brother of all the other siblings.
Its name is quite good smelling, since this fund existed for like 30 years.

Maybe when someone buy 700-800 million unit of PSF, this fund can close as well.. Haha.
I think the performance for this fund is quite good. It is similar to PEF actually, but less volatile than PEF.

During 2008 crisis, PSF return is -28.32%, but PEF hammered down by -41.53%.. (Difference, PEF 13% lower)
And on 2009, PSF return in 43.90% while PEF did a better come back at 58.52%. (Difference, PEF 15% higher)

Between PSF and PEF, PEF die also die faster. Come back also come back stronger. Haha.

Yeap.. That is right

Children or Retrenchment.. I would say this 2 is totally not same.. So better use 2 separate investment vehicle.

For retrenchment, I am sure, this is something that no one will want to play a gamble on it. Because, it is the time where you are not working, and totally dependent on it.
Go for Bond.. Conservative risk investment, with a month standing instruction. RM100 will be nice
Performing PB Bond can beat inflation, and less volatile overall.

For children studies.. Can go for medium risk. Uni fee are definitely shooting like rocket in the future. Since you got 10-15 years to prepare, PEF/PSF is good, because at a long run, you can maximize your dollar averaging. And from past performance, although very volatile, but the gain vs risk is good. As long as you keep on the standing instruction.
I could suggest PEF/PSF for your children education in the future.

On switching. Switching can be good if you will monitor on the UT prices, especially on high risk - medium risk UT.
Switching will be good when the market tend to go down. So switch to other fund first to maintain capital value.

Actually.. I just joined Mutual Fund only..

Any sifu can teach me how to do Mutual Fund?

No la. High risk, heart attack also faster come
Shares sometimes will anytime up down left right front back cucuk.. I got a lot of holes already.. Haha

Ask everyone opinion.

Saving for Retirement and Children education.

Assuming Mode of investment is DDI monthly.
Do you recommend this 2 to combine and go into 1 fund?
Or 2 separate fund? Retirement 1, and Child Education 1.

And now assuming mode of investment is 1 time off. 50k per 1 time off.
Do you recommend this 2 to combine or separate into 2 fund?

Just want to see what are the opinion from you guys.

Different sifu different answer
Good good.. I just want to see different people, different opinion

I like the mucus that comes out from your nose..
Smells better it seems.

Assume time frame is 7-10 years then..
Risk appetite, on a 1(Conservative) to 5 (Aggressive), then I scale it 2 to 4

Well, although I am asking for opinion. I think I do not quite agree on this answer. Different fund of course will be planned for different purposes.

Let's say you are saving for your retirement.. Since you say maximizing return.. And you suggest investor to go for aggressive fund for his retirement to maximize return.

What if on his retirement, economy goes doom? Down like crap.. Do bear in mind, when economy goes downward, aggressive fund will fall more than 40%, sometimes more than 50% (Check 2008 mutual fund performance on aggressive nature fund, all having big time bleeding). So you want to put a thin line on your investor money?

So if that happen, his money, which is meant for retirement, will be doomed. He take out, he had big time losing out. He do not take out, then what will he eat during retirement?

Sorry, but I do not quite agree on that.. In my opinion, this will put client retirement fund into a jeopardize position if recommend a aggressive fund. Of course, if market perform at that moment, and client cashes out.. That is some good news and he will be happy

But if education for children. You can put aggressive fund. If at that time, the fund is not performing, still got other option (Take loan, or opt for other courses).. And when fund perform, can sell off all and settle the study loan.

This post has been edited by Bonescythe: Jun 25 2011, 01:22 AM

Hmm, ok. Makes some sense..

So i can conclude, best policy is able to practice flexibility in investment

Means? Jump down from 14th Floor? No turning back?

Bravo brother. Because in this world, 20% of people did things that 80% of the majority do not do.
You choose to beat the odds, the 20% rare people.. That is how success come..

Since 50-50 dump in REIT, Stock, UT, so you are millionaire now already? Haha


Stock rebounded more than 100% from 2008 to 2009.
Unit trust fired more than 50% during that period..

50 - 50 in both.. Both also win win and super win condition

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Added on June 27, 2011, 10:20 pmI think Europe Sovereign Debt issue can still be under control. Depends on the European Leader to head on a rescue package or not. Mainly from Greece default. Should not be a so big issue after all. But there are still risk in this.

In my opinion, economy down turn will not be so fast..
Obama wanna try retain seat, and first in his head is to get this oil issue to become not an issue. Will try to push oil to remain at usd 80-90 per barrel range. As of current market, oil had dipped a lot, and lingering at USD 90/ barrel already.

According to last experience (2008 crisis), partly driven by oil hike.. Oil went euphoria mode, jumping higher and higher, until reaching usd 147/barrel (Holy cow).. A lot of cost increase drastically because of this oil increase.. And when it reaches a peak point, which market is unable to tolerate this bullshit anymore, oil slump drastically.. Corporate closed down, forming double dip, market plunge to deep shit mode)

It can be seen that the world is trying to control the prices of the oil.. Will not expect the economy to head downwards so soon. Probably at the end of 2013 or around 2014 will be another turning point, because the cycle can still be shorter as time goes on.

Start -> 1997
Next -> 2008 (Gap of 9 years)
Forcast -> Gap of approx 7 years -> 2015

Just my 2 cents of lousy forecast

This post has been edited by Bonescythe: Jun 27 2011, 10:20 PM

Hahaha.. I am billionaire in Rupiah maybe ?
Lolz

Wah.. Rupiah billionaire also not bad ah.. Wong, together la..
Go indo stay

Oh la la.. So high the inflation.. I don't know also.

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Added on June 28, 2011, 2:18 pmHope the nite session is adequate enough to cover lo.. So balance

This post has been edited by Bonescythe: Jun 28 2011, 02:18 PM

Oh, or maybe he is ready to go default, and jump down from 14 already

This post has been edited by Bonescythe: Jun 29 2011, 03:09 PM

I am much better than you then..
I have x100 trillions of airs. Cannot finish consuming it..

Anyhow... Today KLCI reaching record high.. WOots..
MF gonna follow soon, especially PIF.. Sure gaining good.

This post has been edited by Bonescythe: Jun 29 2011, 06:12 PM

No worries.. If you buy MF during a bull run time, your mental will be better, because the value keep on increasing.
Buy high, sell higher ma...

But to maximize your return, when it starts to go down, just sell them off, and convert it to cash.

No worries.. Will keep you guys updated on what is happening in the share market, and how it will going to effect Mutual Fund performance.

Latest issue is Greece default. Sentiments should be good when another quantitative easing got approve.. And things should be rolling again. But those taikors decided to buy back treasuries.. Should be able to continue some good run to September October..

Wah brother, 1700 so optimistic meh?
I think 1650 also consider very bull already..
Best pick for Bull season -> PEF, PIF, PSF.. SmallCap also not bad.. Don't stop DDI..

I recommend for PIF.. Pick PIF.. Because it is Index Linked.. KLCI up, PIF confirm will up.. if down, means Fund manager makan duit!!

Some of the important point...
Genting -> New oversea project, new casino. This will able to see Genting Bhd flying to a possible RM15.
GenM -> Will follow along with his brothers.
Banks -> Possible future merger. Big eating small.
Construction -> Possible listing of UEM Land to KLCI index. Another big boost to KLCI.

Capital appreciation should be able to rocket to some good digits

PIF huat ah!

This post has been edited by Bonescythe: Jun 30 2011, 03:37 PM

Wei.. Don't wait liao lo.. Today KLCI break new heights already

KLCI 1578!! Break record 1577 liau.. Go back home, buy PIF before price changes HOot ah!!

1650 will be nice.. Then your Fund will have good capital appreciation already.

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Added on June 30, 2011, 5:12 pmKLCI ending as of 30 June 2011 -> 1579
Marking the return of the bull..

Mutual Fund huat ah.

This post has been edited by Bonescythe: Jun 30 2011, 05:12 PM

Depends on your faith.. Playground is full of bulls now. Probably 10 bulls against 1 bear.
But again, back to what you trust. If you think otherwise, and you are risk conservative person, you can choose bond.

You want to take this risk for a bull ride, definitely is a good go... It is always good to go in when bull is starting, and to ride on a significant bull, rather than a vague bull, then might become a bear later on.

For best, PEF will do great. Then PSF also will follow closely. PIF will definitely not to be missed out, because bull run will see KLCI always soaring higher and higher. Index up, PIF up.

Choice is at your hand. You decide. But, don't be too long. Once bull end, it will go to euphoria mode, where last minute tembak will happen before a fall. But won't happen so fast. Probably some period of time to go, end of next year, or next next year..

KLCI 1579 today. New high. What say you?